Hilex-Poly buys Vanguard Plastics

24/10/05 Hilex Poly Company, LLC announced the purchase of Vanguard Plastics, Inc., creating the largest retail carryout packaging manufacturer in the world. The combined company has twelve (12) strategically located manufacturing plants which provide customers with seamless nationwide coverage. Furthermore, Hilex's market position in the agricultural and industrial film segments will be fortified with the addition of the Vanguard packaging film plant in Garland, TX.

Hilex has initiated several progressive environmental programs, including a significant investment in a "state-of-the-art" recycling facility designed to take used bags and return them to the market as new bags for customer use. In addition, Hilex's "bag to bag" and curbside collection initiatives have created an entirely new consumer friendly approach to plastic bag recycling. Hilex is continuing to define the market with both the revolutionary "QuikStar" produce bagging system and the "Rhino" bag a larger, stronger bag which promotes reduced bag usage.

Hilex is a member of both the Los Angeles, CA based HPC group of companies, as well as DCHI Investment Holdings, an affiliate of Dewberry Cesinger Hodgson. In addition to Hilex Poly, PWP Industries is also a member company of HPC.

Hilex Poly Co., LLC is an industry-leading manufacturer of plastic bag and film products. Focusing primarily on high-density polyethylene (HDPE) film products and related services, the company has over $650 million in revenue and serves many of the leading retail and grocery providers in North America. Hilex Poly has introduced many new products and features into the marketplace, including its patented QuikMate EZ(R) open feature that continues to be the standard for self-opening plastic bags, and specialized bag features and dispensing hardware.